DUBLIN, Jan. 10, 2024 /PRNewswire/ -- The "Enteral Feeding Pumps - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Enteral Feeding Pumps Market to Reach $2 Billion by 2030

The global market for Enteral Feeding Pumps estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

Neurological Disorders, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$751.7 Million by the end of the analysis period. Growth in the Cancer segment is estimated at 7.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $419.3 Million, While China is Forecast to Grow at 7.9% CAGR

The Enteral Feeding Pumps market in the U.S. is estimated at US$419.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$217.1 Million by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Key Market Trends & Drivers

• Growing Importance of Enteral Nutrition in Treatment and Rehabilitation of Patients with Chronic Diseases Drives Market Growth

• Rising Cancer Incidence and Need for Nutritional Support Supports Market Growth

• Global Number of New Cancer Cases and Cancer-related Deaths by Cancer Site for 2020

• Alarming Rise in Diabetes Incidence Worldwide Drives Demand for Enteral Feeding Pumps Market

• Unrelenting Threat of HIV/AIDS Infection: An Opportunity for Enteral Feeding Pumps Market

• Nutritional Management of Patients with Neurological Diseases and Use of EN Therapy Drives Market Opportunities

• Burden of Neurological Diseases: Deaths Per 100,000 Population due to Neurological Conditions in Select Countries

• Growing Incidence of Pediatric Crohn's Disease Fuels Demand for Enteral Feeding Pumps

• Enteral Nutrition Emerges as a Key Therapy for Preterm Infants, Fueling Growth in Enteral Feeding Pumps Market

• Top Countries Ranked by Most Number of Preterm Births

• Shift towards Home-based Enteral Therapy to Propel Growth in Enteral Feeding Pumps Market

• Shift towards Home Healthcare Presents Opportunities for Medical Nutrition, Driving Growth in Enteral Feeding Pumps Market: Global Home Healthcare Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026

• Preference for Enteral Nutrition Over Parenteral Nutrition Spurs Market Prospects

• Role of Enteral Nutrition Therapy in the Treatment of Malnutrition: A Business Case for Enteral Feeding Pumps Market

• Non-volitional Nutritional Support Therapy: Vital for Combating Malnutrition during Hospitalization

• Advancements in Enteral Nutritional Pumps to Boost Market Prospects

• Assessing Safety and Efficacy of Enteral Feeding Pump Systems

• Aging Global Demography and Resultant Rise in Need for Enteral Nutrition Augurs Well for the Market

• Increasing Healthcare Expenditure Creates Conducive Environment

• Major Challenges Facing the Enteral Feeding Devices Market